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controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing suspects were living in cambridge, they are of chechen decent, under massive pressure after photos revealed yesterday, by fbi, killed an m.i.t. campus officer, then carjacked a mercedes suv overnight, police in hot pursuit chased them to watewatertown, a deafening gunft overnight ensued. shattering a neighborhood, listen to this. [ sound of gunfire ] dogs barking neighbors running people cowering in homes one of suspects 26-year-old tamerlan tsarnaev was killed his brother dzhokhar still on the loose, we'll keep up a split screen or depending on what is happening a big/little. we'll break in with any news as it develops, bring
them to the ground. rich: we have contacted the faa repeatedly this morning. take a look at the numbers. 16 billion a year. total employees for the faa, 47,000. 50,000 of them are air traffic controllers. they are supposed to take one day off every other week. to you. connell: rich, thank you. let's go to the fourth opinion editor. he joins us from washington delta. the politics of this is interesting. we are just getting started this week. what is the political impact, in your view? >> i think political impact is very bad. it's a black guy for the obama administration, congress and the faa. this is going to come back and haunt washington in a major way. connell: you said it would be disastrous for the administration. why? >> well, i think ultimately the jury understands there are always ways to cut spending. it would make the obama administration appear as though it is making six. there has to be some other way to reduce expenditures that do not impact flight times and everything. do not think this looks good for congress or the obama administration. connell: most people believe that i
budget cuts. some 50,000 faa employees including 15,000 air-traffic controllers are being forced to take an unpaid day off every other week to save money. michelle miller reports that could lead to delays. >> reporter: for passengers at new york's laguardia airport travel is already a four letter word. was very concerned bcause they said the delay could be up to four hours. >> reporter: thanks to mandatory budget cuts approved by congress the faa has 637 million dollars less to spend. that's forcing some air-traffic controllers to stay home without pay. two days a month. mark rosenker is a former ntsb chairman and aviation safety analyst for cbs news. >> it could slow anywhere from 30 to 90 minutes and in some cases, even three, four hours. if it gets too crowded in the skies, unfortunately it will result in cancellations. american airlines tells cbs news that until the faa provides secretary of details of the furlough, it's hard to inform passengers of the effects. but they do say they expect the biggest delays at lax, chicago's o'hare, and right here at laguardia. union and the airline
already seeing big delays as the first air traffic furloughs kick in today. a closer look at what the faa cuts could mean for you and your plans. >>> plus, the midwest getting hit with yet another spring snowstorm. major flooding and up to 6:00 inches of snow in some places. we'll show you where it is now and where it is headed. jenna: what drove the suspected bombers remains unclear in the boston terror attacks. investigators are reportedly already trying to question the surviving suspect although there seems to be some varying reports on that. some experts are now turning to their past for clues. their family traces their origins to a small area in southern russia known as chechnya. it is predominantly muslim country, or area. it has been in turmoil for years. with islamist terror groups launching a series of attacks against russian targets in a fight for independence in muslim states. 2002, a chechen group stormed a theater in moscow. there were 700 people in the side at the time. more than 100 people died during a rescue attempt by russian security forces. 2004, in the largest hostage
intensified and weather picks up, this is just the beginning. >> reporter: the faa has ordered 14,750 air traffic controllers on furlough two days a month. that's to help make up for $600 million in mandatory budget cuts called sequester. the faa sahacaed 400 delays nationwide on sunday averaging 85 minutes at new york's laguardia airport and 70 minutes at jfk. sporadic delays were also reported monday in charlotte, north carolina, and jacksonville, florida. transportation department head ray lahood says there was no other choice. >> we eliminated contracts. we cut contracts. we eliminated temporary employees. we looked everywhere possible to avoid the kind of furloughs that are now taking place. >> reporter: not everyone agrees. nick represents the airline industry which is suing to stop the furloughs. >> the faa has a budget of $15.6 billion. in a budget that big surely they can find the money to not furlough the air traffic controllers and have this kind of rolling impact on the u.s. economy. it's going to cost a lot more. >> reporter: critics argue president obama wants the public to
to hear about that. faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it just common sense. from td ameritrade. david: it was down week but up day at least toward the end of the day. s&p futures are closing. head to scott bauer at the pits of the the cme. what does it look like for monday, scott? >> now that volatility settled in, i think we'll have more volatility coming into the market next week. really monday and tuesday, we get existing home sales and new home sales. i think those will be two key economic reports among all of
. now i'll ask about the faa furloughs, which started yesterday. a group of almost the entire airline industry, including air traffic controller unions, flight attendants, pilot unions, and the industry itself, have written denis mcdonough and the white house a letter saying that the faa should be granted flexibility so they don't have to furlough the air traffic controllers. what do you say to this broad coalition? they say that other agencies have been given such flexibility and they believe the faa should have the same flexibility. >> let me give you some facts. the department of transportation is required by law to cut about $1 billion between now and the end of september; $637 million of that comes from the faa. the faa has initiated a series of cost-saving measures for personnel and non-personnel related, including a hiring freeze, restrictions on travel, termination of certain temporary employees, and reductions to contracts, among other savings. but furloughs cannot be avoided. seventy percent of the faa's operations budget is personnel. the faa must furlough 47,000 employees
the very latest ahead. adam: plus fibers -- flyers get ready for long delays. the faa says they are coming through. is it a warning or threat thanks to sequestration? we're live from one of the country's biggest airports next. first time to see how oil is trading friday night, buy. you are gonna need a wingman. and my cash back keeps the party going. but my airne miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. adam: get ready for some massive delays at the nation's airports. the faa is warning that 7,000 flights a day could be delayed due to furloughs of air traffic controllers as a result of sequestration. our jeff flock is at chicago's o'hare international airport with the headaches. >> i know we've heard about this before, adam but this time they're serious. really this could be bad. let's give you a lowdown on the furloughs. by the way, lots of delays out here today. but that is weather, not furloughs yet. here is what will happen. the furloughs will start on sunday. th
that faa staff have had to be furloughed, then you may well be looking for someone to blame. and luckily enough, republicans are at the ready and know exactly who's responsible. >> as a result of the administration's poor planning, i would argue political motives, thousands of people were stuck on tarmacs over the last few days. the faa's mismanagement of this issue is a source of bipartisan frustration. our goal here shouldn't be to score political points on the backs of weary travelers. it should be to fix the problem. >> let's see. our goal here shouldn't to be to score political points. since when did mitch mcconnell outgrow his need to scoring political points? and isn't this what republicans have been doing for the last five years? but today, this very broadcast, has become the victim of the ludicrous sequester. because we've been in discussions with representative january schakowsky of illinois, who this week is promoting a bill that would put 50,000 public servants, such as police officers and firefighters, back to work. it is the exact opposite of the sequester and seemed like a
now 4:51. ready for take-off? the faa nears a decision on the dreamliner. >> why airport delays could get worse starting this weekend. we'll tell you why. >> and a holy batman! the amazing video of a man soaring through danger at more than 150 miles an hour. Ñáçwçñ,,,,,,, >>> when the giants come to town, it's bye-bye baby. the grace broadcaster russ hodges will be okdown on a time temperature 7:15 p.m. clear, cool, 59. play ball! >> the game could cause some delays along the embarcadero and king street later tonight. just a heads up. but in the meantime, here's a live look at some of your bridges. golden gate, bay bridge and san mateo bridge all so far atthe morning. we'll have more traffic and weather together coming up every 10 minutes. >>> 4:55. the faa could move as soon as today to end its three-month grounding of the boeing 787 the dreamliner jets. flights involving the new passenger planes were halted you may recall back in january after two incidents involving lithium ion batteries that smoldered and emitted fumes. boeing has made changes to the battery and its casing
to the viewers out west. on the first day of faa furloughs, there were delays. but the airlines saying don't blame us. the biggest delays hit los angeles international first. last night the federal aviation administration reported a staffing problem causing some arriving flights to run an average of three hours and seven minutes late. >> we're going to crater the entire system. orter: the nation's airlines and biggest pilots union say it points to troubles ahead. their plan to furlough air traffic controllers, forcing them to tay home one day every other week will bring the system to a grinding halt. >> it will be like having hurricane sandy in the north and hurricane katrina in the south at the same time. >> reporter: so they're suing the faa to postpone the furloughs but the faa says it's the only way to slash $637 million from its budget, cuts required by congress. the busiest airports are expected to take the hardest hits. maximum delays at atlanta's hartsfield-jackson could reach 3 1/2 hours. chicago's o'hare, more than two. and at new york's laguardia, nearl
and all faa workers are losing one workday every other week. >>> all right, spring flooding turned much of the midwest into a muddy mess. record rainfall to blame for high water. for example, nearly 10 inches has fall in this month in grand rapids, michigan. swollen rivers can't take much more. forecasters say more rain is expected tomorrow. >> here's a look at your weather -- expect thunderstorms around southern kansas, oklahoma. by the evening commute, you could see snow around minneapolis and parts of the upper midwest. >> unseasonably cool along the east coast, new england to georgia with temperatures staying in the 50s. but check out the west. dry and warm. hitting the 90s in some spots. >>> to a shining example of someone who really l job. >> a powerful earthquake rocked china over the weekend brought everything to a stand still including a wedding in progress. the bride you just saw there happens to be an anchorwoman. she got right to work. still wearing her wedding gown and her veil. check her out. >> that is hilarious. she abandoned her big day and started reporting on the quak
travel day it's monday. 47,000 faa employees will get furloughed as a result of budget cuts. they will lose one day of work every other week. the pilot's union due to the faa will staffect so many people. >> out of those 15,000 were air traffic controllers. perhaps it's a better idea to perhaps maybe drive somewhere because gas prices are going down. >> this is the time of year when they are supposed to go up. let's enjoy it while it lasts. gas prices could fall almost $0.20 by memorial day. it would go down to $3.30 a gallon. inventories are high we have a lot of supply. and the economy is slowing down. consumption is the lowest since 1997. this morning gas prices averaging 3.52 a gallon. last year at this time 3.86. that's a nice little savings. >> some say could go below $3 a gallon? >> rocky mountain region could see 32 -- $2.98. >> road trip. >> finally. it is 11 minutes after the top of the hour. a runner survives the marathon bombing only to return home to texas to witness the fertilizer plant explosion and he's sharing his story. we will have that coming up. >>> they
because the faa is being forced to furlough thousands of air traffic controllers. abc's matt gutman has more from miami. good morning, matt. >> reporter: good morning, josh. the delays are already piling up. new york area airports reporting delays of over an hour. l.a.x. over three hours overnight. this is just the start. the faa now warning that as many as 6,700 flights could be delayed every day.the sequestrac across-the-board budgets cuts across-the-board budgets cuts are forcing furloughs. fewer planes in the air translates into delays. about 5,000 planes in the air at a given time and fewer eyes in the tower, the faa is slowing air traffic for safety. planes could both be prevented from landing and taking off. those inevitable delays could cost travelers more than just their time. >> airlines may have to cut flights. that will drive up ticket prices. demand will be high. >> reporter: the only antidote? said senator chuck schumer. >> we need democrats and republicans to meet in the middle and end the sequestration that causes the problems. >> reporter: analysts said there's not much
is the marathon in london, by the way. we should point out that the faa has instituted a no-fly zone over watertown, massachusetts. amtrak has been suspended from new york to boston. to law enforcements across the country right now are focusing on this and stopping everything, putting it in lockdown mode. ambassador, thank you very much, phil mod, thank you very much. >> we have got the latest on the boston manhunt continuing throughout thebroadcast. >> we will speak with former u.s. marshal, who spent years chasing down fugitives. stay with us as our special live coverage continues. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the
-long delays because apparently the sequester is going to cause it. the f.a.a. beginning furloughs for employees, including 15,000 air traffic controllers. some say it's purely political. >> when the f.a.a. was shut down a few years ago, flights weren't affected. it seems to me like there is a request or directive out there to take steps so that passengers will be inconvenienced and that they'll call their elected officials to get them to take action. >>gretchen: some of the nation's busiest airport including in new york and washington already experiencing delays and longer wait times for security. >> real-life drama for actress reese witherspoon. the oscar winner arrested for disorderly conduct in atlanta after her husband was apparently pulled over for a d.u.i. as he was given a sobriety test reece reportedly got out of the car. the officers told her to get out of the car but she didn't listen. she said do you know my name? you'll be on the evening news. later she apologized. >>steve: is that her mug shot? >>gretchen: it was. >>steve: i think you're supposed to be looking at the
an advisory group. another thing that airline passengers might notice, longer flight delays. faa furloughing 10% of workforce because of federal spending cuts and causing delays of up to two hours at airports in los angeles, new york, and washington, d.c. our casey wian live with more on what's going on. what's going on, casey? >> reporter: wolf, another rough evening for travelers here at los angeles international airport. up to 80% of departures delayed, and 20% of arrivals, according to flightview.com. due to faa staffing issues, workforce reductions, that started sunday night. erin was on a flight sunday night from las vegas to l.a. little did she know, forced spending cuts began the same day, reducing the number of air traffic controllers on duty. the result? major flight delays. >> on an 8:25, and when i rebooked, our departure time, 1:45 a.m. a couple airline employees said it was due to fog, and a couple says it was due to sequestration. >> reporter: actually it was both according to air traffic union rep, who was working sunday night. there are four parallel runways that can operate
suspects as brothers. 8:29, a.m., the faa closes airspace over watertown, massachusetts. logan airport remains open and open for now. bret, what is the expected develop mane we should likely see through washington throughout the day? it seems to me at the moment that police are pulling back. they're trying to figure out what happens next here in boston. as i say that, it's important to point out, we don't have cameras everywhere. and certainly we don't know what's happening outside of the view of the camera. >> that is exactly right. obviously much of boston, watertown, the surrounding areas still locked down. it is an armed and dangerous man. they're concerned about public safety. here in washington, people are being according to u.s. official and, headed to white house now to brief directly on latest developments to the boston bombings? we heard homeland security advisor had been keeping him up-to-date with all the details overnight. as i mentioned lawmakers are getting as much as they can too. the key thing, first of all, obviously as you talk about the public safety on the ground a
Search Results 0 to 17 of about 18